Obviously, if you have leverage, you can make more money. But, if you lose, you are now in debt to the broker, and could potentially find yourself with a bill that you have no way of paying.
I'm just getting into trading, and my instinct is to not use leverage. It seems like it would be wise to avoid borrowing money. Do others agree? Or, do you think I'm being overly cautious?
Submitted September 30, 2017 at 11:31PM by damndirtyape http://ift.tt/2x70f0Q
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